Discussion Paper
Perspectives on the Recent Weakness in Investment
Abstract: After having been a relatively bright spot early in the recovery, nonresidential private fixed investment, which in this note we refer to as business fixed investment (BFI), increased at an average annual rate of only about 4 percent in 2012 and 2013, an unusually slow pace during an expansion.
https://doi.org/10.17016/2380-7172.0018
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Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2014-05-21
Number: 2014-05-21